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Bailey Walsh

baileywalsh@epique.me +1(734) 417-2998

$ 1,350,000

Est. payment | -/mo

5 Baths

4,356 Sqft Lot

Save

$ 1,350,000

Est. payment | -/mo

Save

5 Baths

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ann Arbor

MLS Listing ID 26035679

HOA Y/N true

Year Built 1910

Annual Tax Amount $18,103

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40x104

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Rare opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, this property consists of four residential units totaling eight beds, featuring a diverse unit mix of 1- one-bedroom unit, 2- two-bedroom units, and 1- three-bedroom unit. The varied layouts provide broad tenant appeal and flexibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benefits from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment. This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets.

Location

State MI

County Washtenaw

Rooms

Basement Full

Interior

Heating Hot Water, Radiant

Cooling Window Unit(s)

Laundry In Basement

Exterior

Parking Features Concrete, Driveway

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 8

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding,Brick

New Construction No

Schools

School District Ann Arbor

Others

HOA Fee Include Water

Tax ID 09-09-29-105-025

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Altitude Commercial Real Estat

Nearby Locations

I'd love to help you on your search to finding the perfect home! No matter where you're at in the process - don't hesitate to reach out!

+1(734) 417-2998

baileywalsh@epique.me

2455 W Stadium Blvd, Ann Arbor, MI, 48103, USA

500 Catherine Street Ann Arbor, MI 48104